{
  "id": 4849599,
  "title": "Gold weakens below $4,400 as US Treasury yields surge, Fed rate hike bets rise",
  "url": "https://urgent.news/2026/09/01/gold-weakens-below-4-400-as-us-treasury-yields-surge-fed-rate-hike",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T11:23:02.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/gold-weakens-below-4-400-as-us-treasury-yields-surge-fed-rate-hike-bets-rise-202609011123"
  },
  "original_language": "en",
  "account": "Gold prices slipped below $4,400 as rising US Treasury yields and anticipation of Federal Reserve interest rate hikes weighed on the metal. XAU/USD fell to a fresh two-week low of around $4,376 on Tuesday, down approximately 1.60% for the day. Fed Chair Kevin Warsh's comments on inflation at the Jackson Hole Symposium reignited expectations of early rate hikes, with a 65% probability now seen at the September meeting according to the CME FedWatch Tool. The US Dollar strengthened, seen in the DXY reaching a two-week high of 99.72, while US 10-year Treasury yields surged to around 4.80%. Stronger US Dollar makes dollar-denominated gold more expensive for overseas buyers, and higher Treasury yields increase the opportunity cost of holding non-yielding metal. The technical picture shows XAU/USD below the 200-day and 100-day SMAs, with support around $4,350 and potential further decline to $4,267 and $4,149 if the breakout fails. On the upside, resistance sits at $4,432 before key support around $4,530 and $4,534. Economic data releases will influence market sentiment in the coming days, with US ISM PMI, JOLTS Job Openings, and ADP Employment Change reports on Tuesday and Friday.",
  "summary": "Gold (XAU/USD) extends its pullback from the more-than-three-month high touched last week and falls to a fresh two-week low on Tuesday. Rising expectations of Federal Reserve (Fed) interest rate hikes and fresh tensions in the Middle East remain the main drivers behind the latest leg lower.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver drops below $65 as hawkish Fed bets weigh on XAG/USD",
        "url": "https://urgent.news/2026/09/01/silver-drops-below-65-as-hawkish-fed-bets-weigh-on-xag-usd",
        "published": "2026-09-01T11:07:35.000Z"
      },
      {
        "outlet": "The Block",
        "title": "Bitcoin defies oil price spike and rising Fed hike bets after best August since 2017",
        "url": "https://urgent.news/2026/09/01/bitcoin-defies-oil-price-spike-and-rising-fed-hike-bets-after-best",
        "published": "2026-09-01T11:33:23.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}